posted
Just a few things out of legal's repost of DrD's.
(I) News> Casavant Mining Kimberlite International Hires Howard Bronson For Financial Public Relations
RESP: I remember this one. LMAO! Originally announced as Charles Bronson. --------------- Fourth, CMKI, as previously announced, plans on approving at its majority shareholder meeting a mandatory share and cash dividend policy.
RESP: Squashed that one rather quickly, huh. Guess UC wanted all the cash for himself! --------------- Seventh, CMKI believes that its acquisition strategy, spearheaded by the Casavant Family, will require the addition of a seasoned management team
RESP: Sure enough! LMAO All that's left of that "seasoned management team" is UC and he's about to get salted, peppered and roasted. --------------- (W) Casavant Mining Kimberlite International, Las Vegas, (OTCBB:CMKM) is pleased to announce that: The Board of Directors of CMKM announced today the approval of a plan to spin-out Casavant International Mining Corporation, a wholly owned subsidiary of CMKM which owns zinc depositories. CMKM shall issue 1 preferred share for every 10,000 shares of CMKM for the purposes of completing the spin-out. The transaction will be completed, pending shareholder approval and SEC registration requirements. http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_March_10/ai_98548413 March 10, 2003
RESP: That one existing Pfd Stock was 100%cancelled. What the hell is this one? Does it still exist? Is this Pfd Stock how they are getting away with not having public shareholders vote at meetings? ---------------
April 7, 2003 Casavant Mining Kimberlite International, Las Vegas (OTCBB:CMKM), management today announced that it has cancelled the acquisition of the ancient Chinese jade collection as previously stated in CMKM's 14c, which stated on Dec. 30, 2002, the company acquired $50 million dollars worth of ancient Chinese jade for 500 million shares of common stocks of the corporation. The cancellation was reached by mutual agreement by both parties.
RESP: And didn't the Hearings indicate that this was never entirely cancelled? --------------- April 17, 2003 Casavant Mining Kimberlite International (OTCBB:CMKM) on April 14, 2003 held a Board of Directors Meeting at 1489 Warm Springs in Las Vegas, Nevada and is pleased to announce the appointment of Corey Klassen as Executive Vice President.
RESP: Who was this guy? What ever happened to him? Is it the same guy associated with Foursquare Gospel Church of Canada YOUTH MINISTRY--Corey Klassen,Coordinator?
Is that why all those Christian Trader extremists are involved? --------------- By the way. If Ed, Rendal and Urban were having such terrible relationship issues and the hearing went so bad, why are they traveling to Ecuador together for 3 or 4 days. Doesn't sound like anyone is trying to distance themselves from the other one in this tight knit group. Think about it. JMHO
RESP: Like I always said, "Birds of a feather flock together"! Another thought is that maybe they are getting UC out of this country and into one where they can pound the schit out of him and not suffer legal consequences.
Bear in mind, one can easily rip DrD's entire post into shreds. It just takes too much effort.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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After a conversation yesterdaythat showed me my thinking on "the sellers" in the 14c and their holdings was flawed, I was forced to dig deeper. This is what I came up with:
"The Sellers", as referred to in the 14c are people that UC owed money. They loaned him the money that UC used to stake the claims, is what I gather. I do not believe they knew where the money was going. UC then went into default on the payments. The CMKI shell was bought and UC allowed the sellers to come in under forbearance agreements meaning they bought a 4.9% stake in the company for 2 million (dollars) a piece. For all of the forbearance agreements it was a total of 85.8% of CMKI. We all know this. Now thinking logically one would deduce that as the a/s increased the sellers would have their shares increase to maintain their percentage of holdings, I mean who in their right mind would vote to dilute their stake in a company?
Well here is where it gets interesting. Who in their right mind would settle for 4.9% of very valuable diamond claims when they can have the whole enchelada? How you ask, since it specifically states that the sellers were bound under a share pooling agreement and couldnt just vote to boot UC out? Heres how. In document 4 of the 14c subsection 8.3, under bankruptsy and recievership, if the company goes bankrupt, or any of its assets are placed in recievership, (heaven forbid uc does anything that could wind him up in jail) the sellers get the claims. Uh oh here we go now.
So the sellers vote to increase the a/s, thus diluting their ownership, but also devaluing the shares on the market. They hook up with an MM and a "hedgie", then they short CMKX against their own holdings which are unregistered, BTW. So it would have to be done in such a way it dosen't hit the tape. Hmmmm how do you do that? lol (RE: Jeffries Letter)
Ok, as they're shorting their own shares and driving the price down, they also buy on the open market regaining majority control. Once that control is regained they vote to increase the a/s again and it continues. And there is nothing UC can do about it. He only holds 8.3%. A good way to verify this, (may have been what was happening), is to look at the Articles of Ammendment, in the 8k recently filed. in Feb.
Majority ownership was 51%. IN MARCH AFTER AN INCREASE THAT WOULD HAVE DILUTED MAJ OWNERSHIP THERE WAS ANOTHER VOTE WITH 56% MAJ OWNERSHIP.
Ok so in March 2004 Cmkxtreme, UC's private company invested into CSII who had just bought Deleeuw and Associates. Deleeuw and Associates tracks money laundering and works in Patriot Act stuff, and securities tracking. LET THE GAMES BEGIN
So the O/S is no 500billion. And we know that the sellers held at least 51% at that time. There was a meeting in Canada, and UC came back from that, and ammended the Articles of Incorporation to increase the a/s to 800b. But note that document was the only A/S increase not voted on by majority shareholders. So I looked into the rules on the Nevada SOS site. In the rules it states that amendments must be voted in by maj shareholder vote,unless included in the amendment that it would not be, and was decided on by the entire BOD. Now when did Desormeau get the boot?
S now we have an A/S of 800b. Think back to UC's 8.3% in escrow. 5% of that is 5% beneficial owner under royaltie stipulated in the 14c. So 8.3% of 703b is 60b add that to 300b makes 360b. Which just so happens to be majority ownership. I believe that is why we arent seeing any share retirement and UC was saying he was buying every share he could get his hands on. He wasn't lying, IMO, he just cannot retire and give up his newly regained 51%.
Also I was wondering why all of the claims were migrating to the 025 Sask Ltd company out of all the other companies. It's simple, the 025 company isnt in the 14c. So even if something happened to UC, or the company went #### up, the Sellers dont get jack.
Now to the naked short. If the sellers were shorting against their own shares, those shares were unregistered. So they would need to be part of the hedgie they were utilizing, so they would be essentially selling to themselves.
Now if it looked like the company was dumping, which it would to the MMs, it would become a feeding frenzy and they would short the heck out of it thinking they could cover if need be.
But there is now way they could, because the only real shares were being recycled from seller to seller thru hedgie. So the NSS are real, and that means all of them.
Now UC holds 51%, and the sellers cannot increase the A/S in order to cover their short position thru the hedge fund. And their shares cannot be registerred as UC wont sign off on them to let them cover their short position with them. They're stuck. and the Market Makers are stuck with the NSS.
That would make sense of all the bashers sure, there are disgruntled shareholders, but there are paid bashers. Both sent by the Sellers and the MMs. See who is now in competition to cover their position? That's right, the MMs and the sellers who tried to burn UC. Isnt it funny that the only thing holding us back from making this happen is the financials that Desormeau has. Remember that cmkx has filed taxes, and Desormeau was CFO, so he has them. Why would he be holding out on handing them over? Because if and when we file its all over. The Sellers are ruined and will probably go to prison and the MMs will be their biggest competition for shares.
Wanna see someone squirm? Order your certs. Not all, but if we do have 60,000 shareholders and everyone ordered 10mill in certs, this thing would be primed for takeoff. All JMO, but I can't find a question that isnt answered easily by this scenario. So whatcha think? ~Phx
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posted
URBAN CASAVANT, INDIVIDUALLY AND AS AGENT FOR, FORT A LA CORNE DIAMOND FIELDS INC., BUCKSHOT HOLDINGS, LTD. ("Buckshot"), COMMANDO HOLDINGS LTD. ("Commando"), 101010307 SASKATCHEWAN LTD. ("Sask 307"), 101012190 SASKATCHEWAN LTD. ("Sask 190"), 101027101 SASKATCHEWAN LTD. ("Sask 101") and MORGAIN MINERALS, INC. ("MMI"), subject to option, (being hereinafter collectively referred to as the "Seller" as the context so requires);
Posts: 2375 | Registered: Nov 2004
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Your commitment to research in CMKX and JV's is beyond comprehension to me.
I have said before and I will say it again... IMO Urban took the 5th and will continue to take the 5th until his company and shareholders are o.k. and a deal is struck for all the wrongdoing and manipulation. He will not say a word until then.
I would do EXACTLY the same thing. We whine we don't know anything.. well folks neither do our adversaries and IMO we have many, including a corrupt financial system.
The potential value of this company breeds greed and corruption. IMO UC has done an amazing job staying in the game and for this I thank him.
Ed Dhonue said it best, any other CEO I know would have walked away by now.
If that doesnt mean something to people who are in doubt, consider it.
Thanks again Phx and for whomever brought the post over to PB.
posted
I check out a lot of places for information. I know where Dr. D posts. And I remember why I never go and read them too. Man what a blow hard. I don't think theres boots big enough to wade through his load of chit.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
By: abadgoodgirl 13 May 2005, 01:26 PM EDT Msg. 946687 of 946709 Jump to msg. # From Jeffries letter:
In March of 2004, two broker-dealer [MM’s] customers of Jeffries approached the firm requesting that transactions in CMKX be settled on an “Ex-Clearing basis”. These broker dealers [MM’s] customers were long sellers of CMKX.
The reason for their request was economics; because CMKX traded in such large volumes and at such a low price, NSCC required a significant deposit for long sellers of the security to ensure settlement.
well, well, well, looks like it was a naked short sale "disguised" as a long seller. Otherwise, no "enormous deposit would have been required by the NSCC".
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posted
See Ric, bill how good Dr. D's stuff is compared to this drunk, Phxgold. At least you can understand Dr D, this goof had more twists and turns then the Pennsylvania Turnpike. If you can follow that guys crap, god bless ya! This goof can complicate a toothpik.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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quote:Originally posted by will: See Ric, bill how good Dr. D's stuff is compared to this drunk, Phxgold. At least you can understand Dr D, this goof had more twists and turns then the Pennsylvania Turnpike. If you can follow that guys crap, god bless ya! This goof can complicate a toothpik.
WILL, WHY DON'T YOU LOOK HIM UP AT THE JOLIET RACE THIS YEAR. I'M SURE HE WOULD LOOOOOOOOVE TO MEET YOU.
LAS VEGAS, May 13, 2005 (BUSINESS WIRE) -- CMKM Diamonds Inc. (Pink Sheets: CMKX) today announced receipt of a drilling report prepared by William Jarvis on the Fort a la Corne Diamond Project.
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The drilling report was commissioned for CMKX by 101047025 Saskatchewan Ltd. Jarvis was asked to report on and make recommendations for the kimberlite exploration program. The scope of work completed included:
-- a review of the geological setting as it relates to kimberlite and diamond exploration;
-- an examination of the geological and geophysical data provided by the company;
-- a review of published geological reports and maps; and
-- a visit to the area of the concession.
"We are pleased with the results of Mr. Jarvis' report and are now moving toward commencing further drilling as we move into our summer drilling program," stated Urban Casavant, president of CMKX.
A copy of Jarvis' report will be filed as an exhibit to a Form 8-K and will be available through the SEC's Web site (www.sec.gov).
CMKX reminds its stockholders and the investing public that all corporate updates will be made solely through press releases and/or current reports on Form 8-K as and when they become available.
Forward-Looking Statements
This press release may contain statements that constitute "forward-looking statements" as defined under U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "establish," "project" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are based on current expectations and assumptions that are subject to certain risks and uncertainties that could cause actual results to differ materially from CMKX's historical experience and its projections. Such forward-looking statements are inherently uncertain, and actual results may differ from those expressed or implied in the forward-looking statements. Consequently, readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date they are made.
CMKX's actual results could differ materially from such forward-looking statements because of factors such as: actual or perceived benefits of the Jarvis report; any findings or recommendations contained in the report; uncertain regulatory scrutiny; the current state of CMKX's operations; unavailability of documentation and corporate records; benefits of the to be commenced summer drilling program; the ability to rebuild financial records; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; changes in the mining and metals environment, including actions of competitors; the effectiveness of CMKX's development and drilling programs; regulatory and legal changes; and other risks associated with companies in similar industries. CMKX undertakes no obligation to publicly update or revise any forward-looking statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
SOURCE: CMKM Diamonds Inc.
CMKM Diamonds Inc. Andrew Hill, 306-752-3755 or 877-752-3755 cmkxir@mail.casavantmining.com
Copyright Business Wire 2005
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This is geology talk, should have nothing to do with a Press Release. Come on Urban!! Iron Bob should be kicking you square in the "NADS" for releasing something so F'en vague.
Posts: 1637 | Registered: Apr 2004
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This is geology talk, should have nothing to do with a Press Release. Come on Urban!! Iron Bob should be kicking you squre in the "NADS" for releasing something so F'en vague.
DID YOU ALL NOTICE THE REPORT IS COMING OUT AS AN "EXHIBIT" TO AN 8K FILING. STAND BY
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carquest44 11 May 2005, 05:24 PM EDT Msg. 942933 of 947106 Jump to msg. # Stay the course, Our long journey is almost over and the true longs will be rewarded imo. As I said before we will win. I have not and will not waver in my belief of CMKX's success. If you do not believe we have won this first battle, you are mistaken! Check the last couple times I posted, news followed directly or shortly there after.GLTA
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posted
i think your right Will. who ever wrote that has missed a few days of his anti-psychotic drugs. that was almost painful to read. but then it reminded me of the good old days when valuation theories were all the rage, when 10 X 10 = 40 billion.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
may i ask how that helps the current situation? from all reports the judge has almost no choice but revoke cmkx. unless cmkx can somehow file by the end of june. and will this be a real report? i've posted many times if UC spent more time exploring & keeping on top of a public company & less printing shares, going to races & worrying about a NS chances are there would be no SEC involved with cmkx.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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quote:Originally posted by will: See Ric, bill how good Dr. D's stuff is compared to this drunk, Phxgold. At least you can understand Dr D, this goof had more twists and turns then the Pennsylvania Turnpike. If you can follow that guys crap, god bless ya! This goof can complicate a toothpik.
As a longtime Pennsylvanian, I object to the tone of that remark !!!! I thought our turnpike was kinda straight....
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
i wonder if this is the William Jarvis that died April 9th 2005 as published in the Mining Gazzette. the link wont copy or work for that matter. only a portion of the article can be seen.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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quote:Originally posted by bill1352: may i ask how that helps the current situation? from all reports the judge has almost no choice but revoke cmkx. unless cmkx can somehow file by the end of june. and will this be a real report? i've posted many times if UC spent more time exploring & keeping on top of a public company & less printing shares, going to races & worrying about a NS chances are there would be no SEC involved with cmkx.
WHAT REPORTS WERE THOSE BILL? RIC, WALLACE AND DOC'S ??????
DID ANYONE NOTICE THAT THE JUDGE DIDN'T IMMEDIATELY SUSPEND, REVOKE OR HALT CMKX? DID ANYONE NOTICE THAT THE SEC DIDN'T REQUEST THOSE THINGS?
DID ANYONE NOTICE THAT THE JUDGE HAS LEFT THE DOOR OPEN FOR ADDITIONAL EXHIBITS, INCLUDING FILINGS AND NSS PROOFS?
DID ANYONE NOTICE THAT THERE WAS A MEETING CALLED BY THE SEC AFTER THE HEARING? WHAT WAS THAT ABOOUT? THINK THEY WERE MAKING ARRANCEMENTS FOR URBAN TO SURRENDER TO FEDERAL MARSHALLS?
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posted
Read the updated legal disclaimer. Why list all the reason they could go out of business but not once mention NS. Could it be that the frizzlefrazzle group are the only believers?
CMKX's actual results could differ materially from such forward-looking statements because of factors such as: actual or perceived benefits of the Jarvis report; any findings or recommendations contained in the report; uncertain regulatory scrutiny; the current state of CMKX's operations; unavailability of documentation and corporate records; benefits of the to be commenced summer drilling program; the ability to rebuild financial records; timing necessary to comply with reporting requirements; lack of adequate internal controls; unforeseen capital deficiencies; changes in the mining and metals environment, including actions of competitors; the effectiveness of CMKX's development and drilling programs; regulatory and legal changes; and other risks associated with companies in similar industries. CMKX undertakes no obligation to publicly update or revise any forward-looking statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
Did you notice they stressed the fact of not having records twice. And the fact they can't raise A/S right now, lol, and sell more shares they say Unforeseen capital deficiencies.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
just what i'm saying...it seems to me the judge could have done just that. i would guess that the OG had some bearing on that not happening. it gave UC time to get his act together & file, even an unaudited filing would probably please the judge. pinks file unaudited 10Q's all the time, they just state as such near the begining & then a section further on. if cmkx does this by the end of june the judge, because of the OG may just let it continue. of course there is the matter of a 703 billion o/s to reduce but it would still trade.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
To be honest bill, I think the only way to save the company is to get rid of UC. THe shareholder should vote in a new board. Show the Judge the stockholders will get the company back in line with time if given the chance. State the obvious, file what they can and actually drill something. I mean most will have to take a hit. Probably a 7000:1 r/s and do something with the company instead of sell shares. The Judge would then maybe give a 12 month suspension instead of revoking.
I think those losed records disappeared for a reason and there is no way they can file at this point. I really think all this is UC's way of keeping the shareholders from sueing him and staying out of jail. I think the Judge did give time for the company to file and save itself. Just with all UC has done I don't see it now.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
i just opened one that i didn't have to scroll to read...it looks like its a report on where is the best place to drill holes & has nothing to do with any holes already drilled. its a report on data not core samples.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
i agree completely Ric. UC has to go. he has proven he has no business running a public company & facts sure lean towards he was using it has a scam. let him buy shares like the rest of the cult if he beieves in it so much & before the massive r/s if it stays running.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
Is this the guy who quit his job the following Monday after meeting Urban? If it is I sure would like to meet him. If it is that nut I would love to look him in the eyes to see what crazy really is. This guy went over the edge, and is never coming back. I did meet that topo gigio guy, and believe me, he was a piece of work. Another bad breath oldman named George that was a sworn disciple, with bullchit dripping from his lips. But this guy would be a real treat. I encourage anyone that hasn't been to a race to meet this flock of queer ducks, go, it is an experience you will never forget. Regret, maybe, forget, never.
quote:Originally posted by legaleagle:
quote:Originally posted by will: See Ric, bill how good Dr. D's stuff is compared to this drunk, Phxgold. At least you can understand Dr D, this goof had more twists and turns then the Pennsylvania Turnpike. If you can follow that guys crap, god bless ya! This goof can complicate a toothpik.
WILL, WHY DON'T YOU LOOK HIM UP AT THE JOLIET RACE THIS YEAR. I'M SURE HE WOULD LOOOOOOOOVE TO MEET YOU.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
C'mon legal, was that necessary? We saw it now edit it down to a ---> .
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Hey, guys, wasn't there someone named Jarvis involved with some of CMKX's predecessor companies....or maybe UCAD/USCA? --------------- Upside inquired about the following:
B) News> Casavant Mining Kimberlite International Announces Purchase Bid for Latest Model Truck Mounted Drilling Rig with Diamond Exploration Schedule
Please note, Up, that the above does not state they got the equipment. Just that they placed a "Purchase Bid", not that they got it. Typical deception. Place a "Purchase Bid" of $1.00 on equipment worth $thousands or $hundreds of thousands. Leaves a truthful PR, doesn't it, huh? --------------- Will said:
"Besides, now Wallace has something to do. I wouldn't want the poor old guy moping around with no one but his wife to argue with."
Yo mama!!! --------------- legal wrote:
DID ANYONE NOTICE THAT THE JUDGE HAS LEFT THE DOOR OPEN FOR ADDITIONAL EXHIBITS, INCLUDING FILINGS AND NSS PROOFS?
I sure hope so, legal. I also hope they were on the 25th floor and that "open door" led directly to the outside air....no steps, stairs or elevator. A better solution than an "open door" to a prison cell.
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